Legend of Xiangjiang Tycoon

Chapter 102: Zhao Hezhuo's choice

   "Then set up two securities investment funds, linked to the investment management department, named Juliu No. 1 Fund and Juhai No. 1 Fund."

   "Juliu means gathering rivers, while gathering sea means gathering the sea. From the literal meaning, the difference between the two is known."

   "Juliu No. 1 Fund is aimed at ordinary middle-level investors. It raises 100 million Hong Kong dollars and divides it into two thousand shares, one share is 50,000 Hong Kong dollars, and each investor can buy up to ten shares."

   "The Juhai No. 1 Fund is aimed at the rich and the big investors. It raises 300 million Hong Kong dollars and divides it into 300 shares, one share 1 million Hong Kong dollars, and each investor can also buy up to ten shares."

   "Our requirements cannot be lowered. Even if the Juliu No. 1 Fund and the Juhai No. 1 Fund are not raised enough, don't lower them. If they don't take our boat, there will be times when they cry." Li Zhiwen said.

   "Yes, boss, what projects do our two funds invest in?" Zhao Hezhuo said.

"It's the ones I said before. The Land Group, Jardine Matheson, HSBC, Standard Chartered Bank, Grand Hotel Group, Hutchison Whampoa, Cheung Kong Holdings, Swire International, New World, etc., etc. Henderson Land Development Corporation can also invest when listed, and The Hanning Group, which is backdoor listed, can also invest."

   "We can transfer the stocks of these companies we currently hold to the fund, and our funds will focus on the Wharf and the Hongkong Electric Group." Li Zhiwen said.

   Zhao Hezhuo's heart tightened. It seems that the boss's goal is the Hongkong Electric Group, so he said: "Yes, boss, I will make arrangements later."

That’s right, Li Zhiwen’s target has always been the Hong Kong Electric Group. Now the Hong Kong Electric Group’s share price is in a downturn and it is just buying. The Hong Kong Electric Group is the only company in Hong Kong that transmits electricity, and the other is the China Light and Power Company controlled by the Kadoorie family. .

   The Hong Kong Electric Group is a public company, and the resistance to acquisition is not in the large families, but in the Hong Kong government and the British government. After all, the British don’t want public utilities to be in the hands of a Chinese.

   However, although the Hongkong Electric is a public utility, there is still another power generation company in Hong Kong. It is expected that the resistance will not be greater than that of other public utility companies that are in a monopoly.

   Coupled with Li Zhiwen's relationship and influence in the UK, I think it shouldn't be a big problem.

The benefits of acquiring the Hongkong Electric are also obvious. As a result, the Hongkong Electric Group Co., Ltd. is not only a power company, but it is also a company with multiple plots of land, including the former site of Electric Road Power Plant in North Point, the interior of Jardine's Lookout, and Tsuen Wan. Several sub-lots.

If Li Zhiwen didn’t do anything, the Hongkong Electric Group would form the International City Group Co., Ltd. in November 1980 with Li Jiacheng’s Cheung Kong Industrial and British-owned Wheelock and the main purpose is to develop the main land and properties of the Hongkong Electric, including the former North Point Power Plant. The site in He Tsuen Wan was sold to International City by HK Electric for HK$2.11 billion. The famous urban garden was transformed into the former North Point Power Plant.

Moreover, the Hongkong Electric Group also owns many companies such as Union Engineering (engineering design and management), Jiayun Development Group, Jiayun Discovery (property development), Fortress (electric appliance sales), Huize Finance (finance), etc. Proper quality enterprise.

On the other hand, the advantage is that the Hongkong Electric Group controls the power transmission business in Hong Kong Island, Kowloon and the New Territories. If a businessman does not deal with Li Zhiwen, Li Zhiwen can ask the Hongkong Electric to stop his company’s electricity. He couldn't help but refuse to accept it.

"A Zhuo, what's going on with the bank?" Li Zhiwen asked. Banks have always been a major problem for Li Zhiwen. Without his own bank, Li Zhiwen's large sums of funds are afraid to enter Hong Kong. After all, Li Zhiwen's funds come from the British. Yes, Hong Kong is the territory of the British.

  Without his own bank, the funds really cannot bypass HSBC and Standard Chartered, so he keeps the funds in the unregistered account of Swiss Bank.

   As for the funds Li Zhiwen uses now, they are all earned in Hong Kong, HSBC knows it, so he doesn't have to hide it.

"We have basically talked about it, and it is estimated that it will be completed before the Chinese New Year. Although Shi Binwen has never wanted to sell Hengsheng Bank, the situation is better than others. He can't help him. If the depositor knows, there will be a run and bankruptcy will cost him a penny. If he can't get it, sell the bank to us, at least he can get some money back." Zhao Hezhuo said.

   "That's good, do it as soon as possible." Li Zhiwen said.

   "Okay, boss!" Zhao Hezhuo said.

   "By the way, A Zhuo, how do you think our bank should develop?" Li Zhiwen asked.

   Zhao Hezhuo was thinking there, and Li Zhiwen did not urge him, but took a sip of tea.

After a while, Zhao Hezhuo said, "Boss, I think there are banks in Central and other places. It is difficult for small banks like ours to get ahead, and in economically underdeveloped areas such as the New Territories, although other Chinese banks are more advanced than us, But with the boss's funds, it is not difficult to defeat them."

Li Zhiwen nodded. Zhao Hezhuo’s idea is a typical rural encirclement of the city. It is indeed very useful. Now, in Central, Causeway Bay and other places, British and foreign companies are competing for it. Li Zhiwen’s bank is difficult to grab them. Go to underdeveloped areas to accumulate strength, and then advance to these places.

Seeing Li Zhiwen’s affirmation, Zhao Hezhuo continued: “In addition, our bank has to develop ~ www.NovelMTL.com~ It is difficult to develop quickly by opening branches on our own. It is better to acquire some bad business, but in our blank area. Banks in order to strengthen their strength."

"Finally, we also have our own advantages. Our bank can cooperate with Kylin Securities. With the vision of the boss and the reputation of Kylin Securities, we can have a slightly higher deposit interest rate than some banks, so that we can also make a profit. At this time, many banks There is no advantage."

Li Zhiwen nodded with satisfaction when he heard Zhao Hezhuo's words. Originally, he wanted to transfer Zhao Hezhuo to the bank. It was a helpless act. On the one hand, he had to arrange for Liang Botao. On the other hand, Li Zhiwen had no trustworthy bank management. People, and the bank is the core of Li Zhiwen's company, so he can't tolerate the slightest worry.

   And Zhao Hezhuo's analysis made Li Zhiwen very satisfied. It seems that there is no problem in letting him manage the bank.

   "A Zhuo, how about you becoming the person in charge of the bank?" Li Zhiwen asked.

   "Me?" Zhao Hezhuo asked.

   "Yes, that's you?" Li Zhiwen affirmed.

   "I am not suitable, I have no experience in managing banks." Zhao Hezhuo said.

   "There is nothing to learn, let's talk about your analysis, I think it is very right, you can manage it." Li Zhiwen said.

   "What about Kylin Securities?" Zhao Hezhuo said.

   "I have found new talents, and they should be able to arrive in the next year." Li Zhiwen said.

   "Since the boss values ​​me, what he didn't say, I must develop the bank." Zhao Hezhuo said.

   "I believe you, A Zhuo, you must do it." Li Zhiwen said.

   "Understand, boss, what is our bank's name." Zhao Hezhuo said.

   "Just call Yulong Bank." Li Zhiwen said.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like